Capital Project Planning & Execution in Oil & Gas | One Day USD: 150/- and Two Day USD: 250/- Per Pax.

Course level:All Levels
Course Duration: 0

Description

1. Introduction to Capital Projects in Oil & Gas

  • Definition and significance of capital projects

  • Types of capital projects: upstream, midstream, downstream

  • Importance of proper planning and execution for cost, schedule, and safety performance

2. Project Lifecycle Overview

  • Concept to commissioning phases

  • Key project stages: feasibility, FEED (Front-End Engineering Design), EPC, and operations

  • Stage-gate (phase-gate) decision process

3. Project Planning Fundamentals

  • Defining project scope, objectives, and deliverables

  • Developing work breakdown structures (WBS)

  • Estimating time, cost, and resource requirements

4. Front-End Loading (FEL) and Feasibility Studies

  • Concept and importance of FEL stages (FEL-1 to FEL-3)

  • Conducting feasibility and conceptual design studies

  • Risk identification and mitigation planning at early stages

5. Engineering, Procurement & Construction (EPC) Management

  • Overview of EPC contracting models

  • Coordination between engineering, procurement, and construction activities

  • Vendor management and logistics planning

6. Project Execution Strategies

  • Execution planning and scheduling (using tools like Primavera/MS Project)

  • Interface management and stakeholder communication

  • HSE integration in project execution

7. Cost, Schedule, and Quality Control

  • Key performance indicators (KPIs) for project monitoring

  • Cost control systems and progress measurement

  • Managing change orders and variations

8. Risk Management in Capital Projects

  • Identification and classification of project risks

  • Quantitative vs. qualitative risk analysis

  • Contingency planning and mitigation strategies

9. Project Governance and Stakeholder Management

  • Role of project sponsors, steering committees, and project managers

  • Stakeholder engagement and communication plans

  • Decision-making hierarchy and accountability

10. Project Execution Challenges

  • Common issues: scope creep, delays, cost overruns

  • Managing contractor performance and productivity

  • Lessons learned from past mega-projects

11. Commissioning and Handover

  • Pre-commissioning, commissioning, and start-up phases

  • Documentation, testing, and performance verification

  • Transition to operations and maintenance

12. Project Closeout and Post-Evaluation

  • Financial and technical closeout processes

  • Capturing lessons learned and best practices

  • Post-project evaluation and continuous improvement

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